Kuaidi Dache, the Chinese taxi-hailing software company backed by Alibaba, said on Saturday that it intends to merge with Didi Dache, a domestic rival backed by Tencent.
PressDigest
Chinese taxi-hailing apps finalise multibillion-dollar merger
Kuaidi Dache, the Chinese taxi-hailing software company backed by Alibaba, said on Saturday that it intends to merge with Didi Dache, a domestic rival backed by Tencent.